grte ( grte@lemmy.ca ) to Canada@lemmy.ca · 3 years agoLet’s Set a Maximum Wage for the Rich | The Tyeethetyee.caexternal-linkmessage-square50linkfedilinkarrow-up1304
arrow-up1304external-linkLet’s Set a Maximum Wage for the Rich | The Tyeethetyee.cagrte ( grte@lemmy.ca ) to Canada@lemmy.ca · 3 years agomessage-square50linkfedilink
minus-squareSir_Osis_of_Liver ( Sir_Osis_of_Liver@kbin.social ) linkfedilinkarrow-up4·3 years agoThe top marginal tax rate in the US peaked in 1951 at 92% on income in excess of $400k (joint filing two income), the equivalent of about $4.7M in today’s money. That should come back.
The top marginal tax rate in the US peaked in 1951 at 92% on income in excess of $400k (joint filing two income), the equivalent of about $4.7M in today’s money. That should come back.